Helping Hand Foundation Tr
Helping Hand Foundation Tr shows volatile revenue and expenses with no reported officer compensation over a decade.
EIN: 137409533 · Riverside, CT · NTEE: T21 · Updated: 2026-03-28
Is Helping Hand Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helping Hand Foundation Tr directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Helping Hand Foundation Tr
Helping Hand Foundation Tr (EIN: 137409533) is a nonprofit organization based in Riverside, CT, classified under NTEE code T21. The organization reported total revenue of $3.3M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helping Hand Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helping Hand Foundation Tr with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Helping Hand Foundation Tr allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly transparent regarding direct officer pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Helping Hand Foundation Tr's IRS 990 filings:
- Highly volatile revenue and expense patterns, making financial forecasting challenging.
- Significant year-over-year deficits in some periods (e.g., 2022: expenses $312,659 vs. revenue $151,879).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting efficiency analysis.
Strengths
The following positive indicators were identified for Helping Hand Foundation Tr:
- Consistently reports minimal liabilities ($1), indicating strong balance sheet health in this area.
- Reports 0% officer compensation across all filings, suggesting a highly volunteer-driven leadership or efficient compensation structure.
- Demonstrates periods of strong revenue generation (e.g., $1,345,437 in 2015).
Frequently Asked Questions about Helping Hand Foundation Tr
Is Helping Hand Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping Hand Foundation Tr (EIN: 137409533) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Helping Hand Foundation Tr spend its money?
Helping Hand Foundation Tr directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helping Hand Foundation Tr tax-deductible?
Helping Hand Foundation Tr is registered as a tax-exempt nonprofit (EIN: 137409533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Helping Hand Foundation Tr financially stable given its fluctuating revenue and expenses?
The organization's financial stability appears volatile, with significant swings in revenue and expenses year-over-year. While it has periods of surplus, it also experiences deficits, such as in 2022 where expenses ($312,659) significantly exceeded revenue ($151,879). The consistent minimal liabilities ($1) are a positive, but the overall financial health requires closer monitoring.
How does the organization manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized under other expense lines, rather than direct officer compensation. This is a notable aspect of its operational model.
What caused the significant increase in assets to $1,422,387, given the lower asset figures in individual filing periods?
The provided data shows individual period assets peaking at $628,340 in 2015 and $94,335 in 2023. The 'Latest Assets' figure of $1,422,387 suggests a substantial recent accumulation of assets not fully reflected in the individual period filing history provided, or it represents a cumulative total from a different reporting date than the latest period filing.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not include a detailed functional expense breakdown. Without this information, it is challenging to precisely determine the percentages allocated to programs, administration, and fundraising, which limits a full assessment of spending efficiency.
Filing History
IRS 990 filing history for Helping Hand Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Helping Hand Foundation Tr's revenue has grown by 30.3%, moving from $213K to $277K. Total assets increased by 461.7% over the same period, from $17K to $94K. Total functional expenses rose by 3.8%, from $196K to $204K. In its most recent filing year (2023), Helping Hand Foundation Tr reported a surplus of $73K, with revenue exceeding expenses. The organization holds $1 in liabilities against $94K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $277K | $204K | $94K | $1 | — | View 990 |
| 2022 | $152K | $313K | $21K | $1 | — | View 990 |
| 2021 | $528K | $155K | $229K | $1 | — | View 990 |
| 2020 | $271K | $388K | $29K | $1 | — | View 990 |
| 2019 | $682K | $377K | $228K | $1 | — | — |
| 2015 | $1.3M | $355K | $628K | $1 | — | View 990 |
| 2014 | $3K | $264K | $40K | $1 | — | View 990 |
| 2013 | $553K | $266K | $302K | $1 | — | View 990 |
| 2012 | $208K | $209K | $16K | $1 | — | View 990 |
| 2011 | $213K | $196K | $17K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $277K, expenses of $204K, and assets of $94K (revenue +82.3% year-over-year).
- 2022: Revenue of $152K, expenses of $313K, and assets of $21K (revenue -71.2% year-over-year).
- 2021: Revenue of $528K, expenses of $155K, and assets of $229K (revenue +94.6% year-over-year).
- 2020: Revenue of $271K, expenses of $388K, and assets of $29K (revenue -60.3% year-over-year).
- 2019: Revenue of $682K, expenses of $377K, and assets of $228K (revenue -49.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $355K, and assets of $628K (revenue +53588.6% year-over-year).
- 2014: Revenue of $3K, expenses of $264K, and assets of $40K (revenue -99.5% year-over-year).
- 2013: Revenue of $553K, expenses of $266K, and assets of $302K (revenue +166.3% year-over-year).
- 2012: Revenue of $208K, expenses of $209K, and assets of $16K (revenue -2.4% year-over-year).
- 2011: Revenue of $213K, expenses of $196K, and assets of $17K.
Data Sources and Methodology
This transparency report for Helping Hand Foundation Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.